Next Renovation - Country Cottage style This time I am tracking all the renos on our house in Queanbeyan. There will be a few differences. Because it cost so much to purchase the house, we will conduct our renovations with a mind to maximise capital return and minimise costs.
The house is a four bedroom weatherboard (alum. cladding now), with timber floors, one bathroom and an '80s kitchen. It is quite spacious and the block is over 800 sqm.
Our priorities will be to refurbish the kitchen, put in an ensuite, re-line the walls in 3 of the rooms, establish the gardens, kit-out the sleepout and if money allows convert the tile roof to iron.
We have already sanded the timber floors and I am halfway through shelving the study. The overall theme will be country cottage - suggestions are more than welcome.
The house cost $415,000. I think in this area the most we could get for a good 4 bedroom house with ensuite would be around $550,000. Above that people are expecting a little more that I think will would be impractical to provide (pools etc) We can value add the sleepout a bit, by putting in a bathroom and kitchenette (I think potential buyers would be attracted to the extra $150-$200 pw rent they could get).
Photos to follow, hopefully I won't take quite as long as I did with our first reno!! |